Senior Manager, Technology Business Management

Scotiabank; Toronto; On-site; CAD 120,000 - 170,000; Full time

Benefits offered by this job

Diversity, Equity, Inclusion

Workplace accommodations

Tuition assistance

Competitive rewards + bonus

Community engagement programs

Job summary

Scotiabank in Toronto seeks a Sr Manager, Technology Business Management to lead financial planning, analysis, and reporting for Global Banking and Markets Enterprise Technology and Global Wealth Management Technology. You will drive budget management, allocations, and financial oversight to enable informed decision making.

The role requires 10–15 years of experience in financial management within a regulated organization, a finance or STEM degree, and strong TBM and reporting skills; MBA/CPA is

Qualifications

• Bachelor’s degree in finance or STEM; MBA/CPA preferred.
• 10–15 years in financial management or technology finance in a regulated org.
• Strong financial reporting, budgeting, cost allocation, and governance knowledge.
• Advanced Excel and data tooling with ability to present executive insights.

Responsibilities

• Produce insightful commentary for management and executive materials.
• Lead end‑to‑end budget processes, forecasts, accruals, and allocations.
• Analyze plan vs actuals, report variances, and identify optimization opportunities.
• Oversee TBM cost allocations and cross‑unit financial governance.
• Partner with stakeholders on service taxonomy, data structures, and assets.

Skills

Financial management

Stakeholder alignment

Problem solving

Executive communication

Regulatory awareness

Education

Bachelor’s degree in finance or STEM

MBA or CPA preferred

Tools

PPM

Power BI

Apptio

PowerPoint

Visio

PeopleSoft

SmartView

MARS

Excel

Job description

Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.

The Role

The Sr Manager, Technology Business Management supports the execution and performance management by managing and supporting financial planning, analysis, and reporting. The role delivers data driven insights, strengthens financial controls, and enables effective expense management and decision making for Global Banking and Markets Enterprise Technology and Global Wealth Management Technology through budget management, allocations, and ongoing financial oversight.

Is this role right for you? In this role you will

• Produce clear, insightful, and decision‑oriented business commentary for recurring Management and Executive Committees, Board materials, and regulatory forums.
• Develop narrative explanations that translate financial and operational data into meaningful insights, risks, and opportunities.
• Support senior leadership with timely, accurate management reporting and performance updates.

Financial Management and Control

• Provide end‑to‑end financial management and oversight of the annual budget process, including reporting, forecasting, accruals, allocations, invoice tracking, and invoice payments.
• Lead systematic tracking and reporting of operational and project budgets, ensuring accuracy and transparency.
• Analyze plan vs. actuals and forecasts; identify and communicate variances, risks, and optimization opportunities.
• Oversee initiatives to achieve annual financial targets while maintaining strong financial discipline and controls.

Technology Cost Allocations

• Analyze and manage the allocation of technology costs across business units and services.
• Partner with stakeholders to improve service taxonomy, cost transparency, and underlying data structures.
• Identify opportunities to enhance the accuracy, efficiency, and scalability of technology allocation processes.
• Support continuous improvement initiatives aligned with Technology Business Management (TBM) best practices.

Tech Finance Transformation

• Promote transparency in technology spending and support broader technology finance transformation initiatives.
• Partner with Technology Finance on key programs, including efficiencies, Contractor Pool Optimization, Cost Centralization, and other strategic initiatives.
• Help embed new financial frameworks into business‑as‑usual operations.

Project Portfolio

• Manage, track, and report on the financial performance of the overall program portfolio and major / critical projects, ensuring alignment to defined Key Performance Indicators.
• Coordinate with enterprise program management teams on initiatives with U.S. impact.
• Lead the financial governance process for new business cases, including:
• Coordinating business case development with Technology and Business partners
• Reviewing and validating CAPEX and OPEX financial assumptions
• Supporting approval processes and ongoing financial tracking

Control Framework & Monitoring

• Develop leadership analysis including target management, trending, and projections.
• At the direction of engagement leaders, prepare status reports and updates for management and committee forums.
• Develop, define, and embed policies, procedures, guidelines, and controls related to:
  • Operational and project financials
  • Forecasting and resource management
  • Vendor and cost management
• Support day to day business operations, strategic planning, prioritization, and expense management.

Regulatory and Controls

• Apply the Bank’s risk appetite and risk culture to day‑to‑day activities and decision‑making.
• Contribute to regulatory requests and inquiries, ensuring clarity, accuracy, and completeness of responses.
• Serve as the primary point of contact for audits, annual policy reviews, and control assessments (e.g., Mandatory Absence, Clean Desk, and related controls).

Do you have the skills that will enable you to succeed in this role? We’d love to work with you if you have:

• 10-15 years of relevant experience in financial management, business management, or technology finance within a large, complex, and regulated organization.
• Bachelor’s degree in finance or a STEM discipline required; MBA and/or professional designation (CPA) preferred.
• Deep expertise in financial and management reporting, with a strong understanding of banking business planning processes, accounting systems, budgeting, internal controls, and cost allocation methodologies.
• Highly structured, critical thinker with advanced problem‑solving capabilities.
• Proven ability to mobilize stakeholders, align decisionmakers, and drive resolution of complex issues under pressure.
• Sound judgment in assessing priorities, risks, and tradeoffs, with appropriate escalation to senior leadership.
• Advanced Excel proficiency required, including hands‑on experience managing large datasets, integrating multiple data sources, and developing dynamic analytical tools.
• Strong ability to translate complex data into clear insights, metrics, and executive‑ready visualizations.
• Demonstrated experience with key financial and reporting tools, including PPM, Power BI, Apptio, PowerPoint, Visio, PeopleSoft, SmartView, and MARS.

What's in it for you?

• Diversity, Equity, Inclusion & Allyship - We strive to create an inclusive culture where every employee is empowered to reach their fullest potential, respected for who they are, and are embraced through bias‑free practices and inclusive values across Scotiabank. We embrace diversity and provide opportunities for all employee to learn, grow & participate through our various Employee Resource Groups (ERGs) that span across diverse gender identities, ethnicity, race, age, ability & veterans.
• Accessibility and Workplace Accommodations - We value the unique skills and experiences everyone brings to the Bank and are committed to creating and maintaining an inclusive and accessible environment for everyone. Scotiabank continues to locate, remove, and prevent barriers so that we can build a diverse and inclusive environment while meeting accessibility requirements.
• Upskilling through online courses, cross-functional development opportunities, and tuition assistance.
• Competitive Rewards program including bonus, flexible vacation, personal, sick days and benefits will start on day one.
• Community Engagement - no matter where you choose to work from; we offer opportunities for community engagement & belonging with our various programs such as hackathons, contests, cooking with friends, Humans of Digital and much more!

Location(s): Canada : Ontario : Toronto

Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.

At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here.